In Focus
QSR falls behind full-service restaurants in Malaysia’s foodservice sector, report finds
QSR falls behind full-service restaurants in Malaysia’s foodservice sector, report finds
The sector is forecast to recover strongly and grow to US$27.08 billion in 2025.
Domino’s Pizza Japan opens 800th store
The chain opened 126 stores in one year, a record for operator Domino’s Pizza Enterprises.
Café de Coral to speed up China expansion after net profit improves
The company said it was able to take advantage of China’s “shorter recovery period”.
Singapore’s F&B services surge 73.4% in April, still below pre-COVID levels
Food caterers continued to take a hit in sales.
Guzman y Gomez founder expects Singapore footprint to nearly triple in three to five years
Steven Marks elaborates on the chain’s growth plans and why he’s saying no to another brand.
Grab pilots indoor robot service in Singapore in bid to cut delivery times
The trial will begin at Paya Lebar Quarter Mall and is estimated to save delivery-partners up to fifteen minutes per visit.
Singapore’s F&B sales grows 8% in March
Total sales value was estimated at S$730 million.
Yum China's profit tops pre-COVID levels
The company added 315 new stores in the first three months of the year.
Hong Kong restaurants more optimistic despite pandemic challenges: Deliveroo
Most respondents hope that the government will offer a one-off allowance to restaurants and other F&B outlets.
Papa John's continues Asian expansion, eyes 15 restaurants in Cambodia over three years
It opened its flagship store in Phnom Penh late March.
Tech-enabled Flash Coffee raises US$15m, plans 300 more stores in 2021
The Singapore-based startup wants to be in 10 markets across APAC.
Popeyes to enter India, neighboring countries in coming years via Jubilant FoodWorks
Jubilant already holds master franchise rights for Domino's Pizza and Dunkin'.
Jollibee targets foreign expansion, acquisitions after COVID losses
CEO Ernesto Tanmantiong now expects half of sales to come from outside of the Philippines by 2025.
Singapore's F&B sales see larger decline in January
Online sales, in contrast, was slightly higher.
Koufu Group's profit drops 64.3% in FY 2020
The company remains confident in its “resilient” business model.
Singaporeans more reliant on food delivery services, survey reveals
About 7 out of 10 people say ordering from their favourite restaurant during COVID-19 has contributed to their mental health.
Jollibee eyes 100 new PHO24 stores
The announcement was made amidst a revenue drought brought about by the coronavirus pandemic.
Commentary
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